The Development Group works with both LIHTC and Market-rate project sponsors to provide development expertise as a consultant, partner or direct developer for MPEG projects.
Project Feasibility
- Data Collection and Evaluation
- Site Selection and Analysis (in conjunction with the Property Group)
- Market Studies (sourcing and oversi
ght of independent 3rd party consultants) - Concept development
Financial Modeling
- Development Budget and Pro Forma Projections
- Construction and Development Costs
- Operational Income & Expense
- Cash Flow Analysis
Project Development
- In-house conceptual design services
- Design team sourcing and coordination
- Architect
- Engineers and Planners
- Other consultants as appropriate to project scope
- Planning Approvals (city project review and approval presentations and submissions)
- Coordination and communication with neighborhood groups and involved agencies
Construction
- Sourcing and qualifying contractors
- Bidding and contract negotiations
- Permits and approvals
- Construction oversight
- Financial management
Project Entitlements
- Annexation
- Subdivision
- Zoning
- Utilities and infrastructure
- City development requirements and agreements
